Tag Archives: Russia

What the GOP presidential candidates won’t tell you

 

Oil and gasHere’s something you aren’t likely to hear from Republican presidential candidates – American energy independence is truly within reach. Good news doesn’t fit the campaign storyline so you can’t blame them for not touting achievements such as:

— U.S. oil production is the highest its been since 2003.

— Natural gas production is growing so fast the government may approve an export terminal.

— The U.S. could pass Russia as the world’s largest energy producer by 2020.

 

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Americans drink to an improving economy

Americans feel better about the economy and they’re buying more premium-priced spirits to celebrate.051911jack_atb_01.JPG

The Distilled Spirits Council of the United States on Monday reported increased revenue, volume and record exports in 2011.

Revenue and volume have returned to pre-recession levels, driven by an improving economy, consumer confidence and product innovation, the council said in its annual industry review for Wall Street analysts.

“These results show that the hospitality industry is helping drive the national recovery and job creation, but it remains critical that legislators don’t derail future economic growth through higher taxes,” said Cressy.

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Will Alcoa have a better year than we think?

Early in 2009 aluminum maker Alcoa Inc. cut 13,500 jobs worldwide as it struggled to right-size operations as metals demand declined and the world economy floundered. Some 450 jobs were cut at its Blount County plant.

Tough times continued this year. In January, the company said 2010 was going to be another down year and it cut more jobs, including 90 in Blount County where it shut down a smelter.

Now it’s all smiles at the Pittsburgh headquarters, or so it seems. Will the Blount plant benefit?

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